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You have $ 9 , 1 0 0 to deposit. Regency 'Bank offers 9 percent per year compounded monthly ( . 7 5 percent per

You have $9,100 to deposit. Regency 'Bank offers 9 percent per year compounded monthly (.75 percent per month), while King Bank offers 9 percent but will only compound annually. How much will your investment be worth in 19 years at each bank?
Note: Do not round intermediate calculations and round your answers to 2 decimal places, e.g.,32.16.
\table[[Regency Bank],[King Bank]]
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